About Prolec Energy
Prolec Energy is an Energy & Utilities company based in Apodaca (Mexico) founded in 2020. Prolec Energy is engaged in manufacturing transformers and related solutions. It operates on a Reseller / Distribution and Managed Services model. Prolec Energy has raised $85 million across 1 funding round. Prolec Energy has completed 1 acquisition, including Menk Usa. Its chief executive, as recorded, is Ricardo Suarez Garza. Its website prolec.energy draws about 16 thousand monthly visits. Prolec Energy offers products and services including Transformers, Transformer Services, and Transformer Components. Its focus areas include Energy, Electrical Equipment and Transformers.
Company details
Prolec Energy is involved in the production of transformers for the generation, transmission, and distribution of electrical energy. Operations are conducted across various sectors including industrial, commercial, renewables, utilities, and data centers. Comprehensive solutions are offered, encompassing transformer services, components, and innovative energy transformation technologies. Facilities are strategically located in Mexico, the United States, and Brazil, serving a global market in over 35 countries.
- Total Equity Funding$85M (USD)
in 1 rounds
- Latest Funding Round$85M (USD), Series C
Dec 2023
- Investments & Acquisitions
Products & Services of Prolec Energy
Prolec Energy offers a comprehensive portfolio of products and services, including Transformers, Transformer Services, and Transformer Components.
Transformers are manufactured for energy generation and distribution.
Services are provided for transformer installation and maintenance.
Components are supplied for high and low voltage transformers.
Apps and channels of Prolec Energy
its YouTube channel Prolec Energy has 114 subscribers and 28 videos.
Videos from Prolec Energy
The most watched videos on Prolec Energy's YouTube channel, Prolec Energy (114 subscribers). Click a video to play it here.
More on Prolec Energy.
Funding Insights of Prolec Energy
Prolec Energy has successfully raised a total of $85M through 1 strategic funding round. The most recent funding activity was a Series C round of $85 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $85M
- Total Rounds 1
- Last Round Series C — $85M
- First Round $85M
(Dec 2023)
All 1 funding rounds of Prolec Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $85M | Series C | – | – | – |
People of Prolec Energy
118 people are tracked at Prolec Energy (18 in leadership, 100 in team).
| Name | Role | Group |
|---|---|---|
Ricardo Suarez Garza | CEO | Leadership |
Ajay Kumar Sinha | CEO | Leadership |
Luke Schweng | Commercial Director | Leadership |
Troy Kabrich | Vice President US Operations | Leadership |
Raul Torres | Supply Chain VP | Leadership |
Shirish Mehta | VP Research | Leadership |
Dharam Vir | Vice President Of Engineering | Leadership |
Alejandro Fuentes | Director De Digitalizacion (cio & VP Digital Transformation) | Leadership |
Sergio Galván | Vice President | Leadership |
Abhishek Dalmia | Chief Financial Officer | Leadership |
Ricardo Suarez | CEO | Leadership |
Jorge Montemayor | Head Of Strategic Planning & Finance - DT North America | Leadership |
Steve Roberts | VP Business Process Improvement | Leadership |
Pedro Puente | VP R&d, Technology Development And Innovation Director | Leadership |
Tim Hein | Director Of Fp&a | Leadership |
Ramiro Gutierrez Lomas | Director Of Services Business Unit | Leadership |
Shrikant Mishra | Head Operations | Leadership |
Norma Ruelas | Director Of Quality Assurance | Leadership |
Michael McGrail | Materials Buyer | Team |
Victor Garcia | Analista De Contratos | Team |
98 more people are available in the full profile.
Complete people profiles for Prolec Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Prolec Energy
Prolec Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Menk Usa.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cooling radiators for power grid transformers are manufactured. | menk-usa.com | 0 | Sep 2024 | •••• |
Complete acquisition details for Prolec Energy
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Prolec Energy
3 dated milestones of Prolec Energy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Prolec Energy is founded.
- Funding First funding round of $85.0M.
- Acquisition Acquires Menk Usa.
Web traffic of Prolec Energy
The website of Prolec Energy (prolec.energy) receives about 16.1K visits a month.
- Monthly visits16.1K
▲ 1% vs previous month
Websites whose visitors overlap most with Prolec Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vatransformer.com | vatransformer.com | 100% | #922,528 | – | |
| gevernova.com | 100% | 1.1M | #48,419 | View details | |
| daelimtransformer.com | 100% | View details | |||
daelimbelefic.com | daelimbelefic.com | 32% | #7,549,101 | – |
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Frequently Asked Questions about Prolec Energy
Prolec Energy was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Prolec Energy is headquartered in Apodaca, Mexico. It is registered at Apodaca, Nuevo Leon, Mexico.
Ricardo Suarez Garza is the CEO of Prolec Energy, as recorded in our data.
Prolec Energy is a funded company, having raised a total of $85M across 1 funding round to date. The company's 1st funding round was a Series C of $85M, raised on Dec 2023.
Prolec Energy is involved in the production of transformers for the generation, transmission, and distribution of electrical energy. Operations are conducted across various sectors including industrial, commercial, renewables, utilities, and data centers. Comprehensive solutions are offered, encompassing transformer services, components, and innovative energy transformation technologies. Facilities are strategically located in Mexico, the United States, and Brazil, serving a global market in over 35 countries.
Prolec Energy offers Transformers, Transformer Services, and Transformer Components.
Prolec Energy has made 1 acquisition, including Menk Usa.
Prolec Energy operates through Prolec Energy.